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11 Apr 07 iGATE Global Solutions (iGATE) posts good results but shares slip on the indian stock exchanges

iGATE Global Solutions (iGATE) slipped 4.83% to Rs 383.10, after striking a high of Rs 422. iGATE, today reported Q4 Net Profit of Rs 22.6 crore vs Rs 15.95 crore (QoQ). The revenues are at Rs 210.1 crore vs Rs 210.7 crore. The EPS is at Rs 15.90. The company added 25 new clients in Finacial Year 2007.  Q4 EBITDA margins were at 15%. The company plans to increase offshore salaries by 15%, onsite by 2%.


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